Examlex
On an automated teller machine (ATM)belonging to USA Bank, Sven placed a card-skimming device to pull information from the magnetic strips of users' debit cards. The device then transmitted the stolen data to thieves who used it to gain access to, and empty, the bank accounts of the users, including Megan. Megan learned of the theft the next day and promptly notified USA. Is Megan entitled to a recredit of her account for the most of the loss due to the theft? Explain.
Mistake Of Law
An error made by a person in understanding the law as it pertains to their actions or a situation.
Reasonable Reliance
The dependence by one party on the representations or promises of another where such reliance is logically or legally justifiable.
Material Fact
Information that is significant enough to influence a decision, especially pertinent in contract and disclosure laws.
Utah Law
Law specific to the state of Utah, governed by state legislation and legal precedents within Utah jurisdiction.
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